CORIT Medical LLC is a commercial medical device company located in McLean, VA, with a specific focus on a Class I single-use surgical device to improve breathing. The established Ear, Nose & Throat (ENT) procedure is called inferior turbinate reduction and has an existing reimbursement code. There are currently 1 million procedures performedin the US each year, and reportedly over 50 million people who suffer from obstructed breathing.The patented CORIT device is hand-powered requiring no expensive equipment to set up and operate. It has also shown to produce more durable results in contrast with competing technologies that can return to pre-treatment baseline levels of obstruction in as few as six months. ENTs are lined up, ready to buy the device, as they can complete the procedure in in a fraction of the time, right in their office (as opposed to an operating room), yielding a higher reimbursement.

CORIT Medical

Similar companies